1,721,160 research outputs found
Distributional Forms in Stochastic Frontier Analysis
No full textThis chapter is a survey of developments in stochastic frontier modelling. The literature on stochastic frontiers has grown substantially in the 42 years since the seminal work by Aigner et al. (J. Econom 6 (1): 21–37, 1977). There exist many surveys of this literature that cover a broad range of contribution pathways in the field. In this chapter, we present a review of key developments in distributional specifications in stochastic frontier models, with a particular emphasis on innovations that address practical issues identified by practitioners
Chinese Translation of The Growth of Service Industries:The Paradox of Exploding Costs and Persistent Demand
No full textChinese Translation of The Growth of Service Industries:The Paradox of Exploding Costs and Persistent Demand
No full textInput-Output Economics: Theory and Applications - Featuring Asian Economies
No full textThijs ten Raa, author of the acclaimed text The Economics of Input–Output Analysis, now takes the reader to the forefront of the field. This volume collects and unifies his and his co-authors' research papers on national accounting, Input–Output coefficients, economic theory, dynamic models, stochastic analysis, and performance analysis. The research is driven by the task to analyze national economies. The final part of the book scrutinizes the emerging Asian economies in the light of international competition
Common Methodological Choices in Nonparametric and Parametric Analyses of Firms’ Performance
No full textEssays in productivity and efficiency
Full text linkPart II approaches the issue of evaluating productivity and efficiency from the perspective of incentive regulation. Related issues are benchmarking of the performance of regulated companies and a design of a regulation scheme that provides incentives for adequate performance. Focusing on the regulation of regional distribution utilities operating under similar circumstances and able to achieve the same minimum cost, it has been shown how the traditional yardstick competition scheme can be augmented to resolve the trade-off between price and reliability of service
Competitive pressures on income distribution in China
Full text linkto explore what perfect competition would do to income distribution in China. The research analyzes this question by determining personal income distribution under hypothetical, perfectly competitive conditions, where factors are rewarded according to their marginal productivities. Comparison with the observed personal income distribution reveals dramatic changes. In particular, the income inequality between social classes will grow. The income inequalities between areas and provinces will also increase, even though their shares in the overall income inequality will decrease. Competition would dissolve the existing negative relationship between the levels of economic development and of income inequality across provinces
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